Decentralized exchange Hyperliquid has reimbursed nearly $2 million to users affected by a brief outage last week, a move that may strengthen confidence in decentralized trading platforms.
The Hyperliquid platform’s application programming interface (API) suffered an outage last Tuesday, which saw traders sidelined from order execution for approximately 37 minutes before resuming operations, its website shows.
On Monday, Hyperliquid issued refunds totaling $1.99 million in USDC (USDC) to affected users, onchain data from Hypurrscan shows.
United States-based Bitcoin mining company TeraWulf nearly doubled its third-quarter revenue this year thanks to price growth in Bitcoin, as well as an expansion in mining capacity and new income from its AI business. Revenue for the third quarter increased 87% year-over-year to $50.6 million, with “digital asset revenue” making up $43.4 million, according to TeraWulf’s Q3 earnings report on Monday. In Q1, the company had reported a net loss, and in Q2, the miner’s revenue increased 34% year-over-year to $47.6 million. “These increases were… Source link
